By SFO | July 25, 2008

Japanese Yen 2008 Q3 Outlook

The Japanese Yen saw a clear reversal of fortunes in the second quarter, as the previous darling of tumultuous financial markets lost ground when global turmoil began to ease. The low-yielding currency had previously rallied strongly on what was a clear de-leveraging across risky asset classes, but a return to…
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